Robotics Market: Projected to Touch $881.05 Million by 2025


Researchmoz added Most up-to-date research on "Robotics Market: Projected to Touch $881.05 Million by 2025" to its huge collection of research reports.

The robotics market continues to experience a profound and significant restructuring as the traditional industrial robotics sector continues to shrink as an overall percentage of the total robotics industry.Most of this growth is being driven by segments like consumer, enterprise, healthcare, military, unmanned aerial vehicles (UAVs), and autonomous vehicles. Consequences of this shift are already beginning to play out, evidenced by the recent acquisition of traditional industrial robot company KUKA by Chinese consumer electronics manufacturer Midea. The epicenter of robotics continues to shift from the traditional centers of Japan and Europe toward the emerging artificial intelligence (AI) hotbeds of Silicon Valley and China. AI technologies like deep learning, computer vision, and natural language processing (NLP) are revolutionizing autonomy and UI/UX capabilities in robots.


Labor-intensive industries are facing challenges of rising labor cost and lack of skilled workforce is boosting adoption of the robots. This has pushed companies to adopt robotic technology to automate operations. The automotive, aerospace, and healthcare industries for reduction of labor-cost and overcoming the lack of skilled labor globally.

Despite of growth prospects, the high investment in the research and development coupled with high initial investment along with higher manufacturing cost. These factors are restraining growth of the global robotics market.

China is already a powerhouse in industrial robotics with 60% of the revenue share, however the Chinese government has plans in place that put it on a trajectory to lead the market for non-industrial robots by 2025.QYResearch anticipates that China will be the leading market for consumer robots, enterprise robots, and autonomous vehicles by 2025.This trend is in line with China's goal of becoming the leading player in AI, for which it is establishing a foundation that includes home-grown AI semiconductor companies, robust software, and hardware platforms that can leverage AI in a range of commercial hardware products, and a scalable ecosystem of large and small companies that feed into the cycle of innovation.

Get Complete TOC With Tables and Figures @ https://www.researchmoz.us/global-robotics-market-size-status-and-forecast-2019-2025-report.html/toc

This report focuses on the global Robotics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Robotics development in United States, Europe and China.

The key players covered in this study
ABB
Yaskawa Electric
Denso
Fanuc
Kuka Robotics
Kawasaki Robotics
Toshiba
Panasonic
Staubli Mechatronics
Nachi Robotic Systems
Yamaha Robotics
Epson Robots
FIAT
Adept Technologies
Intuitive Surgical
Stryker
MDA

Market segment by Type, the product can be split into
Consumer Robots
Enterprise Robots
Industrial Robots
Healthcare Robots
Military Robots
Unmanned Aerial Vehicles
Autonomous Vehicles

Market segment by Application, split into
BFSI
Telecommunications and IT
Retail and E-Commerce
Government and Defense
Healthcare
Manufacturing
Energy and Utilities
Construction and Engineering
Others

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

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